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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Monrovia at 7299 N Baltimore Rd, Monrovia, IN, 46157 generates $2,634/mo in rent, after a $2,521/mo payment. Total monthly income is $2,634/mo. Return on cash invested sits at 16.82% in year one, and rental yield is 6.14% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 86.01% and total cumulative return in cash sums $145,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,634/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
6.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46157, Monrovia, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,464 (84.3%) |
| Renter Occupied HU | 157 ( 9.0%) |
| Vacant Housing Units | 116 ( 6.7%) |
| Median Home Value | $233,650 |
| Average Home Value | $319,836 |
Residential
1,676
Single Family
1,676
Multi-Family
0
Businesses
95
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Miranda Black • eXp Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067363
